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Help me understand XXX x Face Value pricing of Junk Silver
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<p>[QUOTE="Rassi, post: 1632763, member: 22149"]I've been building my stack for a few months and learning as I go along. Really just adding various junk coins here and there based on spot silver pricing and weights and such to determine if I'm getting a fair deal or not... Every so often I'll run into someone pricing their items via "XXX x Face Value" such as "Asking 26x Face Value" or whatever they're asking... sometimes they'll give a breakdown of the coins involved in the total, other times they may not. </p><p><br /></p><p>Can someone point me to somewhere I can learn more about how to understand how this kind of pricing works (on an easy to understand level) or can explain it to me? The few discussions I've seen here at CT, it seems as if the various ratios for what's a good number to pay depends on what type of coin you're looking at - while 10x face might be good for a dime, for example (number chosen randomly, I have no idea if it's accurate), it might not be a good number if you were buying quarters...</p><p><br /></p><p>Just looking to understand another aspect of this arena so I don't have to just skip over any kind of transaction involving this kind of pricing....</p><p><br /></p><p>Thanks![/QUOTE]</p><p><br /></p>
[QUOTE="Rassi, post: 1632763, member: 22149"]I've been building my stack for a few months and learning as I go along. Really just adding various junk coins here and there based on spot silver pricing and weights and such to determine if I'm getting a fair deal or not... Every so often I'll run into someone pricing their items via "XXX x Face Value" such as "Asking 26x Face Value" or whatever they're asking... sometimes they'll give a breakdown of the coins involved in the total, other times they may not. Can someone point me to somewhere I can learn more about how to understand how this kind of pricing works (on an easy to understand level) or can explain it to me? The few discussions I've seen here at CT, it seems as if the various ratios for what's a good number to pay depends on what type of coin you're looking at - while 10x face might be good for a dime, for example (number chosen randomly, I have no idea if it's accurate), it might not be a good number if you were buying quarters... Just looking to understand another aspect of this arena so I don't have to just skip over any kind of transaction involving this kind of pricing.... Thanks![/QUOTE]
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Help me understand XXX x Face Value pricing of Junk Silver
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